Saturday 27 December 2014
 
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Impairment

NBAD Q4 profit edges down on impairments

National Bank of Abu Dhabi (NBAD) on Tuesday posted a one per cent decline in fourth quarter net profit, missing analysts' forecasts, as the UAE lender was hurt by rising impairment charges. The country's largest bank market value,

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Mena banks back impairment accounting plans

Majority of the banks in the Middle East and North Africa region expect impairment accounting proposals to improve financial statements, according to a survey by leading audit firm Deloitte. The Mena-headquartered banks believe that Intern

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